Sparks Franchise Opportunity

"Own and Manage your own Sparks Vape Store franchise"
How does a franchise work?

 

How much do I need to invest?

 

How much money can I make?

 

Where can I open a franchise?

 

How much money can I make?

 

When considering the viability of a new store the two main factors are:

  1. Location
  2. Overheads

The location is of primary importance, is the proposed unit located in a high footfall area, is it easy to get to, is it situated alongside well known retailers, does it have a good street profile etc.

The above factors then need to be balance with the running costs/overheads of the unit these are sometimes known as the occupational costs and represent the fixed cost of leasing the unit:

  • Annual Rent 
  • Annual Rates Payable (Not the rateable value)
  • Annual Service Charge - a charge some times charged by landlords normally when the unit is within a shopping centre.

Other variable costs would also include:

  • Utilities (electric,heating,water)
  • Misc costs 
  • Wages

Use the calculator below to predict the potential profitability of the store, as a guide your overall costs should fall within the following ranges:

  • Annual Rent (£20,000 - £45,000
  • Annual Rates Payable (£10,000 - £25,000)
  • Annual Service Charge (0 - £10,000)

Variable Cost Suggestions:

  • Utilities - £3,000
  • Misc- £3,000
  • Wages - (£20,000)

Populate the form below and then use the sliders to predict your 1st year turnover and further growth in years 2 and 3.

NB: The figures entered in the calculator are to be used as a guide only and do not represent or guarantee the actual store performance 

 

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